Hawaii Living

Keauhou Palena #504 (Kona)

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78-7054 Kamehameha Iii Rd #504, Kona

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Description
Island Bliss Awaits – Spacious 1-Bedroom, 2-Bath Keauhou Palena Condo with Bonus Storage

Step into the charm of island living with this delightful 1-bedroom, 2-bath Keauhou Palena condo, nestled in the peaceful and historic Keauhou Bay area. This spacious retreat features a large primary bedroom, a relaxing lanai, and an expansive great room featuring a full guest bathroom — perfect for hosting guests or creating a flexible living arrangement.

A unique highlight is the versatile attic space off the primary bedroom, providing excellent extra storage. Plus, a locked exterior storage unit offers even more convenience.

Keauhou Palena boasts fantastic resort-style amenities designed to elevate your lifestyle. Enjoy relaxing by the sparkling pool, stay active in the well-equipped fitness room, and take comfort in the attentive care of the dedicated on-site resident manager and full-time maintenance staff – ensuring the community stays secure and beautifully maintained.

With a reasonable $967 monthly maintenance fee covering water, trash, recycling, basic cable, internet, landscaping, pool, sewer, building exterior maintenance, and insurance, you can enjoy a carefree lifestyle. The unit also comes with a deeded parking space conveniently located near the condo, plus access to an unmarked spot for a second vehicle.

Looking to maximize your investment? This condo is eligible for Short-Term Vacation Rental (STVR) certification, making it an ideal choice for generating rental income or enjoying your own personal island escape.

Don’t miss out on this exceptional opportunity to own a slice of paradise in the sought-after Keauhou Bay area – where comfort, convenience, and coastal living come together beautifully!
Recent Activity
Recent Sales
(Keauhou Palena)
  • #102: 2 Bds | 2 Ba @ $590K (9/13/24)
  • #602: 2 Bds | 2 Ba @ $650K (7/23/24)
  • #103: 1 Bd | 2 Ba @ $659K (5/3/23)
  • #1401: 2 Bds | 2 Ba @ $410K (12/30/21)
  • #1004: 2 Bds | 2 Ba @ $395K (11/30/21)
  • #601: 2 Bds | 2 Ba @ $475K (11/22/21)
  • #202: 1 Bd | 2 Ba @ $379K (6/18/21)
  • #1104: 2 Bds | 2 Ba @ $349K (5/21/21)
  • #1304: 2 Bds | 2 Ba @ $335K (4/22/21)
  • #401: 2 Bds | 2 Ba @ $301K (11/25/20)
  • #504: 1 Bd | 2 Ba @ $285K (9/22/20)
  • #301: 2 Bds | 2 Ba @ $250K (5/22/20)
  • #1103: 2 Bds | 2 Ba @ $275K (6/20/19)
  • #404: 2 Bds | 2 Ba @ $290K (4/23/19)
  • #303: 2 Bds | 2 Ba @ $287K (4/20/18)
  • #803: 1 Bd | 2 Ba @ $317K (1/5/18)
  • #201: 2 Bds | 2 Ba @ $295K (7/19/17)
  • #604: 2 Bds | 2 Ba @ $298K (4/24/17)
  • #1301: 1 Bd | 2 Ba @ $280K (3/10/17)
  • #1203: 2 Bds | 2 Ba @ $239K (5/5/16)
More Details
  • HOA Fees / ft²: $1.10
  • Price / ft²: $568
  • Zoning: RM-2
  • View: Golf Course, HIS Sunset, Ocean
  • Amenities: Dishwasher, Disposal, Range, Refrigerator
  • TMK: 3780100320020
  • Tax Assessed Value: $387,200
  • Courtesy: KW Big Island
  • MLS: 719499
About Keauhou Palena

Keauhou Palena sits about 1/3 mile from the ocean, with the 16th fairway of the Kona Country Club Golf Course along its entire western border and the 11th on its southern side.

The two bedroom condos all have interiors of 878 Sq Ft with one lanai that adds 195 Sq Ft on the exterior. A few of t  ..... Read more.


MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on May 19, 2025.
Other Keauhou Palena Listings
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$530,000
Keauhou Palena #1201
2 Bds | 2 Ba
878 ft²
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$540,000
Keauhou Palena #1203
2 Bds | 2 Ba
878 ft²
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$639,000
Keauhou Palena #803
1 Bd | 2 Ba
878 ft²
Other Kona Condos
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$499,000
Kalanikai #213
1 Bd | 1 Ba
753 ft²
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$500,000
Kona Sunset Villas #101
2 Bds | 2 Ba
1,050 ft²
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$489,999
Royal Sea Cliff #102
1 Bd | 1 Ba
784 ft²
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$489,990
Kona Isle #B2
1 Bd | 1 Ba
566 ft²
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$488,000
Seascape (Kona) Condominium #D204
2 Bds | 2 Ba
1,010 ft²
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$515,000
Alii Villas #211
1 Bd | 1 Ba
647 ft²
  • Asking Price: $499,000
Description
Island Bliss Awaits – Spacious 1-Bedroom, 2-Bath Keauhou Palena Condo with Bonus Storage

Step into the charm of island living with this delightful 1-bedroom, 2-bath Keauhou Palena condo, nestled in the peaceful and historic Keauhou Bay area. This spacious retreat features a large primary bedroom, a relaxing lanai, and an expansive great room featuring a full guest bathroom — perfect for hosting guests or creating a flexible living arrangement.

A unique highlight is the versatile attic space off the primary bedroom, providing excellent extra storage. Plus, a locked exterior storage unit offers even more convenience.

Keauhou Palena boasts fantastic resort-style amenities designed to elevate your lifestyle. Enjoy relaxing by the sparkling pool, stay active in the well-equipped fitness room, and take comfort in the attentive care of the dedicated on-site resident manager and full-time maintenance staff – ensuring the community stays secure and beautifully maintained.

With a reasonable $967 monthly maintenance fee covering water, trash, recycling, basic cable, internet, landscaping, pool, sewer, building exterior maintenance, and insurance, you can enjoy a carefree lifestyle. The unit also comes with a deeded parking space conveniently located near the condo, plus access to an unmarked spot for a second vehicle.

Looking to maximize your investment? This condo is eligible for Short-Term Vacation Rental (STVR) certification, making it an ideal choice for generating rental income or enjoying your own personal island escape.

Don’t miss out on this exceptional opportunity to own a slice of paradise in the sought-after Keauhou Bay area – where comfort, convenience, and coastal living come together beautifully!
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on May 19, 2025.

    Keauhou Palena sits about 1/3 mile from the ocean, with the 16th fairway of the Kona Country Club Golf Course along its entire western border and the 11th on its southern side.

    The two bedroom condos all have interiors of 878 Sq Ft with one lanai that adds 195 Sq Ft on the exterior. A few of t  ..... Read more.


    Other Keauhou Palena Listings
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    $530,000
    Keauhou Palena #1201
    2 Bds | 2 Ba
    878 ft²
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    $540,000
    Keauhou Palena #1203
    2 Bds | 2 Ba
    878 ft²
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    $639,000
    Keauhou Palena #803
    1 Bd | 2 Ba
    878 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.